French National Assembly rejects 2027 budget revenue portion, sidelining crypto tax proposals

France's National Assembly rejected the revenue portion of the 2027 budget bill in first reading, with 458 votes against and 2 abstentions. The decision sidelines several crypto tax proposals, including taxes on stablecoin conversions and crypto-to-stablecoin gains, and mandatory reporting of self-custodied crypto worth €100K or more. All fiscal amendments adopted by deputies are provisionally annulled.

Detected & updated continuously · Source: Nebula